Economy in Silver Spring, Maryland
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Economy
| Unemployment Rate | 5.00% | 9.10% |
| Recent Job Growth | 1.47% | -0.12% |
| Future Job Growth | 37.94% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.95% | 6.25% |
| Income per Cap. | $36,906 | $27,067 |
| Household Income | $69,949 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.43% | 12.10% |
| Income between 15K and 25K | 5.89% | 10.18% |
| Income between 25K and 35K | 7.15% | 10.56% |
| Income between 35K and 50K | 13.54% | 14.98% |
| Income between 50K and 75K | 21.02% | 19.53% |
| Income between 75K and 100K | 14.69% | 12.52% |
| Income between 100K and 150K | 16.29% | 12.14% |
| Income between 150K and 250K | 7.80% | 3.91% |
| Income between 250K and 500K | 6.32% | 3.34% |
| Income greater than 500K | 0.87% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.51% | 13.81% |
| Professional and Related Occupations | 33.13% | 22.68% |
| Service | 18.37% | 14.51% |
| Sales and Office | 16.76% | 25.22% |
| Farming, Fishing, and Forestry | 0.05% | 0.68% |
| Construction, Extraction, and Maintenance | 7.89% | 9.37% |
| Production, Transportation, and Material Moving | 7.80% | 15.86% |
The unemployment rate in Silver Spring, MD, is 5.00%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 37.94%.
Silver Spring, MD Taxes
Silver Spring, MD,sales tax rate is 6.00%. Income tax is 7.95%.
Silver Spring, MD Income and Salaries
The income per capita is $36,906, which includes all adults and children. The median household income is $69,949.
Silver Spring Economy SperlingViews
Not hard to find a job here: Silver Spring is a suburb of Washington, DC. It is a nice place to live and work. There are plenty of jobs in this area. Any teenager has multiple opportunities for... (read more)Transportation in the DC area: In general transportation in the DC area in difficult -- at best. While Metro (subway and bus) makes a big difference, the area is still gridlocked from 5:00A till... (read more)Humid: Hazy Hot & Humid in summer. Damp and humid most of the other... (read more)Have an opinion about Silver Spring? Leave a commentTo See All SperlingViews for Silver Spring Click Here
